I was reading that the second $587.5 million powerball winner came forward in Arizona and they were breaking down how much each winner will get when all is said and done...and I was a bit surprised.
Being from different states, each will pay slightly different taxes but roughly get the same amount, which will be $114-$117 million.
I know on the surface that seems like a lot (which of course it is) but when you think that the total pot was originally $587.5, so half of that would be $293.75. I understand the taxes, cash option, etc but is it just me or does taking home only $117 million seem like a rip off when technically they won $293+ million?!?
Good problem to have, though
